DriveNets

Investment Highlights

Company Overview

DriveNets, founded in 2015 by Ido Susan and Hillel Kobrinsky, is an Israeli software company specializing in cloud-native networking solutions. The company offers a disaggregated network model that decouples network growth from costs, enhancing profitability for communications service providers and cloud operators. Its flagship product, DriveNets Network Cloud, operates over standard white-box hardware, enabling scalable and flexible network architectures. This approach allows for the virtualization of network and compute resources, facilitating efficient scaling and rapid service innovation.

DriveNets has attracted significant investment, raising $110 million in a Series A round in 2019, $208 million in Series B funding in 2021, and $262 million in Series C funding in 2022, bringing its valuation to approximately $2.5 billion.

The company serves a global clientele, including major operators like AT&T and KDDI, and maintains partnerships with industry leaders such as Broadcom and Fujitsu. By leveraging a cloud-native, software-based system on white-box servers, DriveNets provides a cost-effective and scalable alternative to traditional monolithic routers, positioning itself as a leader in the evolving networking landscape.

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